Malaysian Petrol Price Sickness

We have a sickness, where the body protects the few at the expense of the many.  When world petrol price goes up, the government says life’s like that, adjust the life style.  And when the petrol price goes down, the government says, wait, changing of petrol price will impact the economy.  Isn’t it the same when the petrol price goes up.  This leaves the people suffering with high cost of living.  When the petrol prices reduces a little, the cost of goods did not follow suit.  The government cannot force the retailers to reduce price.  The only thing they can do is get the big hypermarket to reduce the prices of essential goods.  And even with this, restaurateurs explains why the food price will not go down

Today, the government says, we should not reduce further than RM1.92/liter, because the person selling the petrol will make a huge loss.  I dont see the same complaint when the petrol goes up.  Worst, what has going cheaper got to do with the loss over the pump station.  If the government want to stagger the price reduction to like 15cent/liter is fine.  But what has it got to do with a minimum? The staggering of price reduction will help to cushion the pump operators loss, no doubt, and if it is executed well, everyone can be happy.  Now, a minimum, just does not make sense.  The price reduction staggering is already making the people / rakyat suffer.  When the price goes up, it goes up with a bank, ~40%, but when it goes down, it staggers.  Already this is unfair to the people, and it seams like the government are trying to protect the few (pump operators) over the many (the people). Isn’t this sick?

Rotten rotten rotten!

On this day..